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An announcement from Altitude ( (GB:ALT) ) is now available.
Altitude Group plc announced recent director dealings involving its ordinary shares. CFO Graham Feltham exercised options for 444,444 shares, increasing his holding to 0.96% of the company’s share capital. Additionally, Non-Executive Director Peter Hallett transferred 741,764 shares to his wife without altering his beneficial holding. The new shares from the option exercise will be admitted to trading on AIM, bringing the total voting rights to 72,914,174. This development may influence shareholder calculations regarding their interests in the company’s share capital.
Spark’s Take on GB:ALT Stock
According to Spark, TipRanks’ AI Analyst, GB:ALT is a Outperform.
Altitude Group shows robust financial performance and positive corporate developments, supporting a strong growth outlook. However, thin profitability margins and a high valuation relative to peers suggest caution is warranted despite the positive market momentum.
To see Spark’s full report on GB:ALT stock, click here.
More about Altitude
Altitude Group plc is a leading provider of end-to-end solutions for branded merchandise, focusing on delivering comprehensive services in the promotional products industry.
YTD Price Performance: -12.73%
Average Trading Volume: 56,160
Technical Sentiment Signal: Strong Buy
Current Market Cap: £17.39M
For an in-depth examination of ALT stock, go to TipRanks’ Stock Analysis page.